OFF MARKET

Off market mar 2020 for $45K

$253,651

Est. refi paymentEst. refi $1,058/mo

•

2,056

sq ft

40 State St, Penns Grove, NJ 08069

About this home

JUST LISTED! Don't miss the opportunity to tour this home! Large 4 bedroom home with loads of room and tons of potential. H U D Home. Sold AS IS by elec. bid only Prop avail 01-24-20. Bids due by 01-28-20 11:59 PM Central Time then daily until sold. FHA Case #351-569657. Uninsured. Eligible for FHA 203K. For Prop conditions, Forms, Discl & Avail please visit HUDHomestore dot com. For additional forms, updates, step-by-step videos & free photo lists, please visit BLBResources dot com. BLB Resources makes no warranty as to condition of property. Buyers to verify all info. Per FHA Appraiser home was built in 1928 and square footage is 2,056.

Single-familyProperty Type

1928Year Built

7,330 sq ftLot Size

$123Est. Price/Sq.Ft.

Listed by V. Brian Savarese • American Dream Realty of South Jersey

•856-299-6444 (broker)

•kmurray@adrsj.com (broker)

Bought with Mr. Tom Peccini • Keller Williams Hometown

•856-241-4343 (broker)

•sold@rickeber.com (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #NJSA137046

Redfin Estimate

$253,651

$209K since sold in March 2020$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.8% higher than the average sale price ($202K) of 5 comparable homes.

SOLD JUN 26, 2026
$247,000
A
4 beds2 baths1,984 sq ft
6 W Griffith St, Penns Grove, NJ 08069
SOLD SEP 8, 2026
$90,000
B
4 beds2 baths1,512 sq ft
93 W Pitman St, Penns Grove, NJ 08069
SOLD MAR 2, 2026
$205,000
C
3 beds2 bathssq ft
87 W PITMAN St, Penns Grove, NJ 08069
SOLD APR 13, 2026
$250,000
D
3 beds2 baths1,927 sq ft
22 Delaware Ave, Penns Grove, NJ 08069
SOLD MAY 7, 2026
$216,000
E
4 beds1 bath1,728 sq ft
3 Naylor Ave, Penns Grove, NJ 08069

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Earn from this home

Sell

$206,007

Est. take-home

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Refinance

Est. cash available

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Rent

$2,285/mo

Redfin rental estimate

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Market trends in 08069, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.2%

1.7% MoM

Median sale price

$225K

$25K MoM

Avg. days on market

49d

12 days MoM

Recently sold homes

3 MoM

New listings for sale

$250,000
2 beds1 bath1,236 sq ft
220 Marsden Ave, Carneys Point, NJ 08069
(856) 956-3051
$349,000
4 beds2 baths1,750 sq ft
362 Erie Ave, Carneys Point, NJ 08069
(855) 885-4663
$249,900
4 beds1 bath1,142 sq ft
412 Manor Ave, Carneys Point, NJ 08069
(856) 214-2639
$425,000
4 beds2.5 baths2,660 sq ft
133 Howard St, Carneys Point, NJ 08069
(732) 523-0757
COMING SOON
$259,900
4 beds1.5 baths1,732 sq ft
266 C St, Carneys Point, NJ 08069
(856) 241-4343
$195,000
2 beds1.5 baths1,050 sq ft
127 N Broad St, Penns Grove, NJ 08069
(609) 459-5100
See all

Provided by Redfin

Sale history for 40 State St

Date

Event

Price

BRIGHT MLS #NJSA2001104

Oct 25, 2021

Listing Removed

—

Sep 10, 2021

Listed

$174,900

$85/sq ft

BRIGHT MLS #NJSA137046

Mar 6, 2020

Sold

$45,000

$22/sq ft

Feb 3, 2020

Pending

—

Jan 25, 2020

Listed

$45,000

$22/sq ft

TREND #5578950

Jan 8, 2010

Sold

$132,000

$64/sq ft

Aug 14, 2009

Listed

$134,900

$66/sq ft

BRIGHT MLS #1005363140

Jan 8, 2010

Sold

$132,000

$64/sq ft

Nov 9, 2009

Listing Removed

—

Aug 14, 2009

Listed

$134,900

$66/sq ft

Reduced for quick sale. .. move-in condition 2-story beauty. Full front porch, new carpets cover hardwood flrs, nice open floor lay-out, newer kitchen leading to first fl laundry rm. 4 lrg bdrms. Walk up attic/new gas furnace/quiet street. Newer roof. Flat backyard for family play. The only thing missing is you! A must see. Qualifies for $8000 First-time homebuyers incentive PLUS this motivated Seller will give Buyer $5,000 towards closing with accepted offer!

BRIGHT MLS #NJSA101552

Oct 16, 2007

Sold

$150,000

$73/sq ft

Sep 25, 2007

Listing Removed

—

Apr 29, 2007

Listed

$150,000

$73/sq ft

BRIGHT MLS #NJSA125076

Aug 25, 2006

Listing Removed

—

May 26, 2006

Listed

$185,000

$90/sq ft

Public Records

Apr 8, 1998

Sold

$85,000

$41/sq ft

Public Records

Jun 5, 1997

Sold

$43,000

$21/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,214 (+1.9%)

$12,800 + $97,200

$110,000

2024

$6,101 (+3.5%)

$12,800 + $97,200

$110,000

2023

$5,896 (+3.7%)

$12,800 + $97,200

$110,000

2022

$5,684 (+4.5%)

$12,800 + $97,200

$110,000

2021

$5,438 (−1.3%)

$12,800 + $97,200

$110,000

2020

$5,510 (−0.4%)

$12,800 + $97,200

$110,000

2019

$5,533 (+3.3%)

$12,800 + $97,200

$110,000

2018

$5,357 (−0.3%)

$12,800 + $97,200

$110,000

2017

$5,376 (+3.9%)

$20,800 + $112,000

$132,800

2016

$5,172 (+5.6%)

$20,800 + $112,000

$132,800

2014

$4,900 (+0.5%)

$20,800 + $112,000

$132,800

2013

$4,875 (+2.8%)

$20,800 + $112,000

$132,800

2012

$4,741 (+2.0%)

$20,800 + $112,000

$132,800

2011

$4,647 (+4.5%)

$20,800 + $111,400

$132,200

2010

$4,446 (+4.5%)

$20,800 + $111,400

$132,200

2009

$4,254

$20,800 + $111,400

$132,200

Tax history for 40 State St

Year

Property tax

Land + Additions

Assessment*

2025

$6,214 (+1.9%)

$12,800 + $97,200

$110,000

2024

$6,101 (+3.5%)

$12,800 + $97,200

$110,000

2023

$5,896 (+3.7%)

$12,800 + $97,200

$110,000

2022

$5,684 (+4.5%)

$12,800 + $97,200

$110,000

2021

$5,438 (−1.3%)

$12,800 + $97,200

$110,000

2020

$5,510 (−0.4%)

$12,800 + $97,200

$110,000

2019

$5,533 (+3.3%)

$12,800 + $97,200

$110,000

2018

$5,357 (−0.3%)

$12,800 + $97,200

$110,000

2017

$5,376 (+3.9%)

$20,800 + $112,000

$132,800

2016

$5,172 (+5.6%)

$20,800 + $112,000

$132,800

2014

$4,900 (+0.5%)

$20,800 + $112,000

$132,800

2013

$4,875 (+2.8%)

$20,800 + $112,000

$132,800

2012

$4,741 (+2.0%)

$20,800 + $112,000

$132,800

2011

$4,647 (+4.5%)

$20,800 + $111,400

$132,200

2010

$4,446 (+4.5%)

$20,800 + $111,400

$132,200

2009

$4,254

$20,800 + $111,400

$132,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

50 ft.

Lot depth

147 ft.

Lot size

7,331 Sq. Ft.

Year renovated

—

Sq. Ft.

2,053

Year built

1928

Style

Single Family Residential

County

Salem County

APN

0800062 00007

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2026.

R-2

Residential 2 District

The purpose and intent of this district is to retain the character and to maintain the existing medium residential density areas where single-family homes are permitted, as well as variations on single-family attached homes, and to encourage serviceable and efficient land development while providing for the preservation of permanent open space and to create conditions conducive to carrying out the broad purposes of this chapter.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Educational/school
Recreation

Property details

Parking

Parking Information
Driveway

Interior

Bedroom Information
# of Bedrooms On Main Level: 4

Bathroom Information
# of Bathrooms (Full) On Main Level: 2
# of Bathrooms (Full): 2

Interior Information
Living Area Sq.Ft. Source: Estimated

Basement Information
Basement: Yes
Unfinished

Exterior

Property Information
Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $97,200
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
Construction Materials: Vinyl Siding
Other Structures: Above Grade, Below Grade
Structure Type: Detached

Lot Information
Lot Size Dimensions: 50.00 x 146.60
Tidal Water: No

Land Information
Land Assessed Value: $12,800

Above Grade Information
Finished Sq.Ft.: 2,056
Finished Sq.Ft. Source: Estimated

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Assessed Value: $110,000
Tax Year: 2019
Tax Annual Amount: $5,533

Assessments Information
Year Assessed: 2019

Utilities

Utilities Information
Forced Air
Heating Fuel: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public

Location

School Information
School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS
School District Source: Listing Agent

Location Information
Directions: 40 State St
Municipality: PENNS GROVE BORO

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,053
Stories: —
Lot Size: 7,331 square feet
Style: Single Family Residential
Year Built: 1928
Year Renovated: —
County: Salem County
APN: 0800062 00007

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Paul W. Carleton Elementary School

Public 4-5 • Assigned • 0.6mi

2/10

Penns Grove Middle School

Public 6-8 • Assigned • 0.7mi

3/10

Penns Grove High School

Public 9-12 • Assigned • 1.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 104° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Penns Grove, NJ • 08069

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$241,000 – $292,000

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Home values near 40 State St

Data from public records.

Address	Redfin Estimate
51 State Street, Penns Grove, NJ 5 Beds \| 3 Baths \| 1276 Sq. Ft.	$277,105
16 State Street, Penns Grove, NJ 3 Beds \| 2 Baths \| 2264 Sq. Ft.	$277,481

Address	Redfin Estimate
11 State Street, Penns Grove, NJ 3 Beds \| 1 Baths \| 1260 Sq. Ft.	$156,830
26 State Street, Penns Grove, NJ 4 Beds \| - Baths \| 3360 Sq. Ft.	$355,584

Address	Redfin Estimate
20 State Street, Penns Grove, NJ 4 Beds \| 2 Baths \| 1995 Sq. Ft.	$248,826
68 State Street Unit 66, Penns Grove, NJ - Beds \| - Baths \| 2640 Sq. Ft.	—

Property information provided by BRIGHT MLS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 08069, NJ

Sale history for 40 State St

Tax history for 40 State St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08069

Home values near 40 State St

More real estate resources